>> as your reporter was mentioning, kevin mccthy suggested americans do not have the stomach for another blank check but he has since walked back on statements, saying he s not suggesting republicans than to abandon you rain, saying he was calling for oversight of federadollars. it does not highlight how the potential new house speaker thinks about things, it offers a preview of political battles happening in the republican party between the establishment and pro-trump wings. >> what about the transatlantic partnership joe biden spent the past two years trying to rebuild? what is it going to look like going forward? >> obviously, one of the main goals there is some feelings in e.u. circles on trade and competition and that in some respects, the u.s. has continued to pursue an america first agenda, for examp legislation meant to curve inflation includes incentives for electric vehicles that do not extend, that is just one point. france has complained about unfair competition. the chips act puts europe in a tough spot. there is already some tension there. i would not expect it to be ramped